McCormick & Company Statistics
Total Valuation
MKC has a market cap or net worth of $20.22 billion. The enterprise value is $24.41 billion.
| Market Cap | 20.22B |
| Enterprise Value | 24.41B |
Important Dates
The last earnings date was Tuesday, March 25, 2025, before market open.
| Earnings Date | Mar 25, 2025 |
| Ex-Dividend Date | Apr 7, 2025 |
Share Statistics
MKC has 268.19 million shares outstanding. The number of shares has decreased by -0.07% in one year.
| Current Share Class | 252.68M |
| Shares Outstanding | 268.19M |
| Shares Change (YoY) | -0.07% |
| Shares Change (QoQ) | -0.07% |
| Owned by Insiders (%) | 0.60% |
| Owned by Institutions (%) | 82.65% |
| Float | 264.30M |
Valuation Ratios
The trailing PE ratio is 25.98 and the forward PE ratio is 24.17. MKC's PEG ratio is 4.30.
| PE Ratio | 25.98 |
| Forward PE | 24.17 |
| PS Ratio | 3.10 |
| Forward PS | 2.91 |
| PB Ratio | 3.84 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 31.14 |
| P/OCF Ratio | 22.48 |
| PEG Ratio | 4.30 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.37, with an EV/FCF ratio of 37.62.
| EV / Earnings | 31.11 |
| EV / Sales | 3.63 |
| EV / EBITDA | 19.37 |
| EV / EBIT | 22.91 |
| EV / FCF | 37.62 |
Financial Position
The company has a current ratio of 0.65, with a Debt / Equity ratio of 0.79.
| Current Ratio | 0.65 |
| Quick Ratio | 0.20 |
| Debt / Equity | 0.79 |
| Debt / EBITDA | 3.22 |
| Debt / FCF | 6.64 |
| Interest Coverage | 5.13 |
Financial Efficiency
Return on equity (ROE) is 14.66% and return on invested capital (ROIC) is 6.82%.
| Return on Equity (ROE) | 14.66% |
| Return on Assets (ROA) | 5.16% |
| Return on Invested Capital (ROIC) | 6.82% |
| Return on Capital Employed (ROCE) | 10.88% |
| Revenue Per Employee | $477,057 |
| Profits Per Employee | $55,660 |
| Employee Count | 14,100 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 3.48 |
Taxes
In the past 12 months, MKC has paid $176.00 million in taxes.
| Income Tax | 176.00M |
| Effective Tax Rate | 18.32% |
Stock Price Statistics
The stock price has increased by +5.00% in the last 52 weeks. The beta is 0.75, so MKC's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | +5.00% |
| 50-Day Moving Average | 79.61 |
| 200-Day Moving Average | 78.18 |
| Relative Strength Index (RSI) | 40.68 |
| Average Volume (20 Days) | 2,871,160 |
Short Selling Information
The latest short interest is 5.93 million, so 2.21% of the outstanding shares have been sold short.
| Short Interest | 5.93M |
| Short Previous Month | 6.57M |
| Short % of Shares Out | 2.21% |
| Short % of Float | 2.24% |
| Short Ratio (days to cover) | 2.53 |
Income Statement
In the last 12 months, MKC had revenue of $6.73 billion and earned $784.80 million in profits. Earnings per share was $2.90.
| Revenue | 6.73B |
| Gross Profit | 2.60B |
| Operating Income | 1.07B |
| Pretax Income | 845.00M |
| Net Income | 784.80M |
| EBITDA | 1.26B |
| EBIT | 1.07B |
| Earnings Per Share (EPS) | $2.90 |
Balance Sheet
The company has $102.80 million in cash and $4.31 billion in debt, giving a net cash position of -$4.20 billion or -$15.68 per share.
| Cash & Cash Equivalents | 102.80M |
| Total Debt | 4.31B |
| Net Cash | -4.20B |
| Net Cash Per Share | -$15.68 |
| Equity (Book Value) | 5.45B |
| Book Value Per Share | 20.22 |
| Working Capital | -1.09B |
Cash Flow
In the last 12 months, operating cash flow was $899.00 million and capital expenditures -$250.00 million, giving a free cash flow of $649.00 million.
| Operating Cash Flow | 899.00M |
| Capital Expenditures | -250.00M |
| Free Cash Flow | 649.00M |
| FCF Per Share | $2.42 |
Margins
Gross margin is 38.59%, with operating and profit margins of 15.84% and 11.67%.
| Gross Margin | 38.59% |
| Operating Margin | 15.84% |
| Pretax Margin | 14.28% |
| Profit Margin | 11.67% |
| EBITDA Margin | 18.74% |
| EBIT Margin | 15.84% |
| FCF Margin | 9.65% |
Dividends & Yields
This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 2.39%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 2.39% |
| Dividend Growth (YoY) | 7.41% |
| Years of Dividend Growth | 38 |
| Payout Ratio | 62.07% |
| Buyback Yield | 0.07% |
| Shareholder Yield | 2.46% |
| Earnings Yield | 3.88% |
| FCF Yield | 3.21% |
Analyst Forecast
The average price target for MKC is $83.14, which is 10.25% higher than the current price. The consensus rating is "Buy".
| Price Target | $83.14 |
| Price Target Difference | 10.25% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 3.31% |
| EPS Growth Forecast (5Y) | 6.73% |
Stock Splits
The last stock split was on December 1, 2020. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 1, 2020 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
MKC has an Altman Z-Score of 2.73 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.73 |
| Piotroski F-Score | 7 |